501 N 5th, Lawton, OK 73507
- Beds
- 8
- Baths
- 3
- Garage
- Yes
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Overview
Welcome to 501 & 505 NW 5th St, a unique opportunity to own two private homes, each with its own address, utilities, and yard space. This property offers privacy, flexibility, and long-term value making it perfect for investors, multi-generational living, or buyers wanting a mortgage-offset rental. The main home at 501 is spacious at approximately 1,800 sq ft and has seen major improvements in the last few years, including a new heater, new roof, new A/C,and other updates. With 2–3 bedrooms (flex room ideal for office or 3rd bedroom) 1 3/4 baths, a 2-car garage, and a private fenced yard, it’s bright, roomy, and move-in ready. The second home at 505 is a 2-bedroom rental with a new roof within the last 5 years and tenants who have lived here for 13 years. It has its own entrance, its own yard, and completely separate utilities. Rent is currently $550, with market potential of $700–$850. Even though both are on the same city lot, this property offers privacy, flexibility, and dependable income. Contact Tiphanie Murphy to view @580-512-2135
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 1
- Number of bedrooms
- 8
- Number of bathrooms
- 3
- Lot size (acres)
- 0.17
- Year built
- 1952
Interior features
- Laundry
- Washer Hookup, In Unit
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Natural Gas, Central
- Cooling
- Ceiling Fans, Ceiling Fans, Central Air, Electric
- Sewer
- Public Sewer
Taxes
- Tax Annual Amount
- $1,322
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Lawton Board of Realtors MLS®#: 171441 Last checked: …

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